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Article: Kodiak Oil & Gas Corp. Announces Pricing of Underwritten Public Offering of Common Stock.
- Article from:
- Energy Weekly News
- Article date:
- November 13, 2009
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Kodiak Oil & Gas Corp. (NYSE Amex: KOG) announced the pricing of an underwritten public offering of 12,000,000 shares of its common stock at a price of $2.20 per share. The offering is being made pursuant to an effective shelf registration statement that Kodiak filed with the Securities and Exchange Commission on July 14, 2008. The net proceeds of the offering, after deducting underwriting discounts and commissions and Kodiak's estimated offering expenses, are expected to be approximately $24.9 million. The offering is expected to close on October 30, 2009 and is subject to customary closing conditions. In connection with the offering, Kodiak has granted the underwriters a ...